with Terry Story, 25-year Veteran Real Estate Agent with Coldwell Banker in Boca Raton, FL
At the offset, Terry shares her predictions on three key real estate trends going into 2015. Her predictions are tied to economic prognostications, but will the sharp drop in oil impact mortgage rates, home prices and the housing market going into 2015?
And changing consumer behavior, such as environmental consciousness, is driving a move to more energy efficient homes – and impacting the housing market in subtle ways. In addition, mortgage standards are in flux – famously with former Fed Chairman Ben Bernanke getting turned down for a mortgage – so will a proposed easing of lending standards truly make a difference to home buyers and boost the housing market?